SelectedWorks @ Widener University Commonwealth Law School
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Liquidity & The ISDA Master Agreement
Ensuring liquidity should be the primary goal in negotiating an ISDA Master Agreement (the Agreement ) for smaller, non-rated customers, such as a hedge fund or a middle-market corporation. Often highly leveraged and with little room for error, these customers should focus their efforts when negotiating the Agreement with a dealer on limiting the dealer\u27s opportunity to terminate the Agreement. Unfortunately, however, customers (typically through expensive outside counsel), often instead use up valuable negotiating capital on esoteric legal issues that may only remotely affect a customer\u27s situation
Editorial, Improving the Game: Professional Golf Will Benefit, Not Suffer, From Martin Decision
Code Arrogance and Displacement of Common Law and Equity: a Defense of Section 1-103 of the Uniform Commercial Code
Yes, Virginia (Tech), Our Government is One of Limited Powers
The Framers of the Constitution designed the national government to be one of limited powers. Distrustful of theaccumulation of power in any single body, the Framers provided for the division of powers both within the national, or general, government, and between the national government and the state governments. The separation of powers among the national government\u27s legislative, executive, and judicial branches requires each branch to secure the acquiescence of the other two for the successful implementation of any policy, while the federalism that divides power between the national and the state governments prevents either from obtainingtotalitarian control over the citizenry by limiting the authority of each to particular realms. In this sense, a double security arises to the rights of the people. The different governments will controul each other; at the same time that each will be controulled by itself